Minor Rails Break Sharply in Market Summary
Market report notes sharp rail declines and active trading in New York and Boston. Highlights show total sales figures for Jan 1 1914 to date, year over year changes, and notable gains and losses among key stocks such as Pacific Coast 2d preferred, Liggett & Myers, Meek Mining, and Hecla. Includes call money rates and specific share volumes for New York and Boston exchanges.
MENTIONED IN THIS ARTICLE
New York
Boston
Ste
Cal
Pacific Coast
Liggett & Myers
Meek Mining
Miet & Hecla
Ent
Wall Street Stocks Fall Amid Foreign Liquidation
A sharp decline in low priced railroad shares led by foreign selling from Amsterdam, pushing Rock Island, Denver and Rio Grande, and Missouri Pacific lower. Major and common shares dropped to multi‑year lows as market sentiment soured on rumors of Mexican developments and weak rail and trade data.
MENTIONED IN THIS ARTICLE
New York
Amsterdam
Rock Islaend
Denver
Rio Grande
Missouri Pacific
Missouri
Kansas
Texas
Atchison and Faltmore
Ohios
Weer
United States
Dividend Declarations From Galveston Houston and Utah Mining
The Galveston Houston Electric Company declares a preferred dividend of per share and a common dividend of 2.50 per share to stockholders of record March 5, 1914. Utah Consolidated Mining Company directors declare a 1.00 per share dividend payable March 21, 1914 to stockholders of record January 28, 1914 at noon.
MENTIONED IN THIS ARTICLE
Galveston-Houston Electric Company
Galveston and Houston
Texas
Galveston-Houste Electric Cony
Alate
Stone & Webster
Broadway
Utah Dated Mining Company
Melin
Local securities fall as market widens losses in steel and copper
Transactions in local securities surged to 31 606 from 14 513 as selling pressure expanded from Steel common and Butte & Superior to most issues. Copper held near 47.8 cents, yet downward momentum persisted with Calumet & Hecla leading declines. Bond dealings remained broad with firmer prices.
MENTIONED IN THIS ARTICLE
Boston
Steel Common
Butte & Superior
Calumet & Hecla
Osceola
Tamarack
Isle Royale
Allouez
Mohawk
Market declines deepen as rail issues lead losses
State Street topics describe a day of heavy selling with prices sliding to multiweek lows. Reading drops to 161 3 8, Steel common at 64 1 8, minor railways hit new low marks amid rumored dividend actions. Large refinancing needs loom in March with $63 million due on railroad and industrial bonds, led by New York Central and subsidiaries.
MENTIONED IN THIS ARTICLE
Reading
Express Company
Missouri, Kansas & Texas Preferred
Missouri Pacific
Rock Island
Denver & Rio Grande
Ind
New York Central
Lake Shore
Michigan Central
West End
Spartanburg
South Carolina
South
American Writing Paper picks new directors at annual meeting
At the Ameri can Writing Paper Company annual meeting Edwin Packard and Neton B Burr were chosen directors succeeding W Houston and the late W H Taylor. Temiskaming Mining reports for year ended Dec 31 show income 138456 expenses 320882 net 167671 dividends 75000 leaving 42471. Production 759000 ounces silver vs 1200000 in 1912. Thompson Towle Co notes Hendee Manufacturing stock in New York and Boston with preferred around 198 1 2 and common up from 48 to 60. 20 percent earnings on common estimated. Corbin Copper completes arrangements for 75000 needed to finish payments for Gambrinus claims in Butte. Tron Cap Copper shipped 705 tons ore in January gross 13594, expenses 5643, net 7951. copper production 117209 pounds vs 18039 pounds in January 1913.
MENTIONED IN THIS ARTICLE
The
American Writing Paper Company
Edwin Packard
Neton B. Burr
W. (. Houston
W. H. Taylor
Temiskaming
Thompson, Towle & Co
Hendee Manufacturing Company
Springfield
New York
Boston
Tron Cap Copper Company
Copper strikes and rail earnings hint at mixed postwar recovery
Reports from Lake Superior copper districts indicate most mines near normal staffing after the summer strike, with Isle Royale and Ahmeek still below full force. Several dividend payers suspended, and Calumet & Hecla and related mines cut rates. February may mark a historic copper output high due to richer ore and new smelting joins. Baltimore & Ohio earnings drop sharply, signaling rail sector weakness. Loose-Wiles Biscuit shows slim profits in year end, despite stock issuance against earnings power.
MENTIONED IN THIS ARTICLE
Tigures
Calumet & Hecla
Lake Superior
Osceola
Allover
Superior
Centennial
Isle Royale
Ahmeek
Quincey
Mohawk
Wolverine
Copper Range
Dividends Declared By Major Companies This Month
American Chicle Company declares monthly 1 percent and an extra 1 percent on common stock payable March 20 to stock of record March 14. City Realty Trust pays regular quarterly 1.50 dollars on preferred stock to holders of record March 2. La Belle Iron Works offers 1 2 percent on common payable April 80, plus 2 percent regular quarterly on preferred stock due March 31. Hercules Powder Company declares regular quarterly 1 1 2 percent payable March 25. Childs Company pays 2 1 2 percent on common and 1 3 4 percent on preferred stocks, payable March 10. Atlas Powder Company quarterly 1 1 2 percent payable March 10 to stock of record February 28.
MENTIONED IN THIS ARTICLE
American Chicle Company
City Realty Trust
la Belle Iron Works
Hercules Powder Company
Childs Company
Atlas Powder Company
Bond Market Notes NYHS approves 70 million bonds
The up-State Public Service Commission of New York approves 70,000,000 4 1 2 per cent refunding and improvement bonds by the New York Central & Hudson River Railroad Company. Bonds sell at not less than 92 ½, accrue interest, redeemable at 110 and interest, secured by mortgage. Essex county bids for 500,000 temporary loan. Riverside county awards 1,125,000 five per cent highway bonds. Erie plans sale of three-year notes to pay off 12,500,000 collateral trust gold notes, rate likely 5 1/2 or 6 per cent.
MENTIONED IN THIS ARTICLE
Alec Line
TWF
Quay Witty
Ohio
Batopilas
Beth Steel
U Gas
Brisswick
Cluett Peatody
Deere & Co
Distillers
Dss&a
Iss
Erie i
Erie
Olly
Goodrich BF
Twe Cop
Kreste Co
Lehigh
Wd & Co
Nat K&s
Nat Lead
Nevada
Cap
Nynd& i
Nor & Wes Ld
Pac 'F & I
Oaly
Rock Island
Rumely Co
Way
St Louk Sn
Seaboard Air L
Sears-Roebuck
South Pacific
South Ry
Studebaker
Tenn Copper
the Texas Co
Texas Pacifier
Third Ave
Twin City RT
Tinian Fie
Akon We
Utah
Boylston
Wey
Commerce
Wabash
Wabash BS
West Union
First Ward
Westinghouse
Fourth-Atlantic
Merc Nls
Mutual
Wis Central
Old Boston
Woolworth
Peoples
Eae
Warity
Shawmu
Union
Webster and
Alvanes
Winthrop, Sageeetes
American
Bay State
Beavon
Beeton Safe
Columbia
Commonwealth
Charlestown
Cosmopolitan
Dorchester
Ww Exchange
Federal
Fidelity
Hamilton
International
Liberty
Lincoln
Mattar
New England
Old Colony
Paul Revere
Puritan
State Street
United States
Public Service Commission of
New York
New York Central & Hudson River Railroad Company
Halsey & Co
E. H. Rollins & Sons
Continental & Commercial Trust and Savings Bank of Chicago
Riverside County
California
The
New England Power Co reports progress on hydro system growth
President George 8. Smith outlines 1913 to 1914 progress, noting completion of Shelburne Falls plants, forthcoming Somerset Reservoir and 110,000-volt lines, and anticipated earnings rise. 1918 gross income reached 778,000 with net earnings 427,000. surplus remains despite dry year and unfinished transmission.
MENTIONED IN THIS ARTICLE
George 8. Smith
New England Power Company
Shelburne Falls
Somerset Reservoir
Milbury
Providence
Berkshires
Somerset
New England
United States
Calendar for Today Dividend Dates and Meetings
Calendar notes books close and ex div dates for multiple firms including Galena Sig Oil National Transit Northern Central Tennessee Copper and Underwood Typewriter. Announcements list annual meetings for Amer St & Trac Central Leather Louisville By Pitts Plate Glass and more.
MENTIONED IN THIS ARTICLE
St. Phrys
Galena-Sig. Oil
Joe Ee
Galena-Sig
Manhate Bridge
Nat'l Transit Co
Amer. Co
Ann
Mtg
Amer. St. & Trac
Central Leather
Louisville By
Pitts
Plate Glass
Northern Central
Tennessee Copper
Underwood Typewriter
Also Mentioned on This Page
Utica Gas & Electric Company
Utica
Katy
New York Market
Toly
Smelt & R
Smelt & R Fig Haig Wy Grig
Smit & R Pi
Tel & Tel
At& SF
Ft. Hill
Ashley & CO
Devonshire Street
Utah Consolidated Mining CO
Boston Stocks
Money Markets
Kcfs&m
West T & T
Amoskeat
Arizona
Atchison
Bos & Albany
Androscoggin
Bus & Maine
Arlington
Butte Bal
BM Ag
Bates
Contoocook Mills
Cum Co P & Lt
East Boston
East Butte
Dwight
Edwards
Hing
Fitehbure
Franklin Alyayy Ory
Hamilton Mfg C al
Gel Hous el Rts
Harmony Mills
Cop
Gen Motors Pt
Aye Nt
Lancaster
Granby
Lawrence
Lyman
Greene Can
Roy
Haneet
Massachusetts
Lake Copper
Pviele
Naumkear
Pepperell
Maine Central
Plymouth Cordage
Masson Valley
Shaw
Suncook Mills
Thorndike
Tremont & Suffolk
Wemeatta
Masa Gas
Mary West Point
Mayflower Ie
York
Michigan
North Lake
Aly
Old Dominion
Sing Caec
Tel Ig
Yey Ib Pullian Co
Iit of Quincy
Ray Consol
St Mary's
Sharman Blythe Ahd
Trinity
Tuohunn
Ian Withy
Union Pacific
SaAly
Thy
Iso
Steel Aly Als Hasy Fibby
Wyandot
Boston Call Loans
Edvence of Par Exchanges
Treasury
Ailey Cobalt
Beal
Buffalo
HON Butte & London
Ing Oh Gcalaveras Lm ii
Cal & Corbin
Sprat Arizons
Cortez
Daly
Daly Consolare
Goldfield
Hollinger
Lion Blossom
West End Coal
Yukon
Bancroft Realty Company
Bancroft Hotel
Worcester
Mass
Bonney & Moor
State Mutual Building
Worcester, Mass
Chicago
Ates
Prey
Minneapolis
Sass
Duluth
Baby
Louis
Tyansaa Cit
Bel
Toledo
Detroit
Givenas Sule
Franklin
Old Colony Trust Company
Philadelphia
San Francisco
Los Angeles
London
Corbin Copper
Gambrinus
Butte
the Post
Baltimore & Ohio
Loose-Wiles Biscuit Company
CURB
Marconi
Iheaby
Braden Copper
Greene Cananea Oo
Kerr Lake
la Rose
Man Transit
Ube
McKinley Dar
Atlanta
Rochester
Blue Bull
Booth
Silver Leaf
Alta
Oro
Crown Pt
Caribou
King Wm
City of Co
Lwr Mam
Cob Lake
Mason Val
Coniagas
Fster
Gould
Power and Railways Co
Massachusetts Corporation
A. B. Leach & Co
U. S. Light & Htg
American Real Estate
Birm
Atle
Hood Rubber Co
Waltham Watch Co
Algonquin Printing Co
Bangor Railway & Elec
Maverick Mills
Buffalo & Susq
National Shawmut Bank
U. S
United Water & Light
American Axe & Tool Co
New England Power Co
Clinton
Ifa
Water
Manete
Hartford
Ft. Wayne
Fort Wayne
van Wert & Lima
Prd
Cleveland & Erie
Alvarado Mining Co
Bingham
New Haven Copper
Canadian No
Quebec Statutory Ltd
Arlington Mills
Boston Telephone Main
Hilton-Dodge Lumber
International Textbook Co
W. L. Douglas Shoe
Agawam Company
International Cotton Mills
Berkshire Cotton
Union Twist
U. S. Envelope Co
U. S. Worsted Co
U. S. Metal Products
Utah Securities Corp
Dartmouth Mfg. Corp
Sacramento Valley
American Public Utilities
Rock Island Co. Railway
Coastwise Transportation Co
Hill Manufacturing Co
Tidewater Oil Co
New York Telephone
John
Essex County
N. E. Power CO
Dolly Dimple
Liverpool
Mar
Prey Close
Ns Ae
Mae High
Chicago Market
Evervenes
Booth Snare
Canal & Dock
Stente
City & Connectin Satan
Chicago City Railways
Edison
Chicago Railways No
Illinois
S &Marx
Sear
Roebuck
Pete Weens
Swift & Co
Streets Tee
West Stone
Orn Edison Os Tees Hivage City Railways
Railways
Tee
TR Morris
Ogden
Pnemnatic Tool
South Side
Halsey & Co., Inc
Congress Street
Associated Trust
Milk Street
Philadelphia Market
Am Rys
Camb Steel
Tr NJ
BE & P
Phila Co
Phi Rap